Isaca Updated CRISC Exam Questions and Answers by rocky

KRIs and KCIs are both metrics that measure and monitor the risk and control environment of an enterprise. KRIs are indicators that reflect the level and trend of risk exposure, and help to identify potential risk events or issues. KCIs are indicators that reflect the performance and effectiveness of the risk controls, and help to ensure that the controls are operating as intended and mitigating the risk. Both KRIs and KCIs provide insight to potential changes in the level of risk, as they can signal the need for risk response actions, such as enhancing, modifying, or implementing new controls, or adjusting the risk strategy and objectives. References = Most Asked CRISC Exam Questions and Answers. CRISC: Certified in Risk & Information Systems Control Sample Questions, Question 240.

The best recommendation to address an organization’s need to secure multiple systems with limited IT resources is to perform a vulnerability analysis. A vulnerability analysis is a process of identifying, assessing, and prioritizing the weaknesses or flaws in the systems that could be exploited by threats or risks. A vulnerability analysis helps to determine the level and nature of the exposure and impact of the systems, and to select and implement the appropriate security controls or mitigations. Performing a vulnerability analysis is the best recommendation, as it helps to optimize the use of the limited IT resources, by focusing on the most critical or significant vulnerabilities, and by applying the most effective or efficient security solutions. Performing a vulnerability analysis also helps to improve the security posture and performance of the systems, and to reduce the likelihood and consequences of security incidents or breaches. Applying available security patches, scheduling a penetration test, and conducting a business impact analysis (BIA) are not the best recommendations, as they are either the outputs or the inputs of the vulnerability analysis process, and they do not address the primary need of securing the systems with limited IT resources. References = CRISC Review Manual, 6th Edition, ISACA, 2015, page 217.

Being the first to market is a competitive advantage that can help an organization gain market share, customer loyalty, and brand recognition. However, this advantage can be lost if the project is delayed and the competitors catch up or surpass the organization. Therefore, the project delivery time is of greatest concern to senior management, as it directly affects the strategic objective of the project. The other options are less critical, as they can be managed or mitigated by the project team. More time for testing can improve the quality and reliability of the product, a new project manager can bring fresh ideas and perspectives, and the cost overrun can be justified by the expected benefits and revenues of the product. References = Project Initiation: The First Step to Project Management [2023] • Asana, 12 Steps to Initiate and Plan a Successful Project

The primary concern for an organization planning to transfer and store its customer data with an offshore cloud service provider is data privacy. Data privacy is the protection of personal information fromunauthorized or unlawful access, use, disclosure, or transfer. Data privacy is governed by various laws, regulations, and standards that vary across different jurisdictions and sectors. An organization that transfers and stores its customer data with an offshore cloud service provider should ensure that the data privacy rights and obligations of the customers, the organization, and the cloud service provider are clearly defined and agreed upon, and that the data is protected according to the applicable data privacy requirements. An organization should also conduct due diligence and risk assessment on the offshore cloud service provider, and monitor and audit its performance and compliance on a regular basis. References = Risk and Information Systems Control Study Manual, 7th Edition, Chapter 3, Section 3.2.1, page 127123